Pulse UK

  • July 16, 2024

    Axiom On Hook Again For Ex-Staffer's Unpaid Wages

    Axiom Ince must pay £1,125 ($1,458) in missed earnings to one of its former employees, a tribunal held in a ruling published on Tuesday after a series of similar decisions against the law firm, which collapsed in 2023.

  • July 23, 2024

    Disputes Boutique Hires Fladgate Insolvency Pro As Partner

    Alius Law has hired an insolvency and restructuring partner from Fladgate LLP as it looks to build up its financial services practice in London — and the disputes boutique wants to tempt more senior litigators to leave behind the "constraints" of larger firms.

  • July 16, 2024

    Fraudster Allegedly Used COVID Loans For PA's Legal Fees

    A British businessman imprisoned for theft and false accounting scammed the government-backed pandemic funding scheme to repay the legal costs of an associate after she became embroiled in efforts to claw back his assets, prosecutors said Tuesday.

  • July 16, 2024

    Ashurst Hits Record Revenue With Almost £1B

    Ashurst LLP said on Tuesday that its global business has posted record revenue of almost £1 billion ($1.3 billion) and that partners' profits hit an all-time high as the firm became the latest to report positive financial results.

  • July 16, 2024

    Top UK Court Rules Deal Advice Fees Are Not Tax Deductible

    Britain's Supreme Court ruled Tuesday that £2.5 million ($3.2 million) paid in advisory fees by an investment company to Deutsche Bank and others is not tax-deductible as the expenses were "capital in nature" spent trying to dispose of a Dutch business.

  • July 15, 2024

    Many Attorneys Of Color Are Feeling Used

    Many lawyers of color say they are included in their law firm's client pitches but are not assigned to the resulting work, pointing to some firms' "window dressing" approach to diversity and inclusion, according to a report reviewed by Law360 Pulse that will be released publicly on Tuesday.

  • July 15, 2024

    Brodies Posts Record Revenues Of £114M

    Brodies LLP said Monday that its revenues had exceeded £114 million ($148 million) in its latest financial results, a record level of income stemming from strong performance in areas including banking and finance, corporate and commercial, and dispute resolution.

  • July 15, 2024

    Baker McKenzie, Travers Smith Boost NQ Solicitors' Pay

    Baker McKenzie said Monday that it has increased newly qualified solicitors' salaries to £140,000 ($182,000), while Travers Smith LLP also confirmed a lucrative pay raise as law firms continue to flex their financial muscles to lure junior talent in London.

  • July 15, 2024

    Nigerian Oil Spill Victims Can't Put Off Leigh Day Trial

    A judge declined on Monday to adjourn the case of Nigerian villagers suing Leigh Day over the negotiation of a £55 million ($71 million) settlement with a Shell subsidiary, saying that the claimants had failed to explain why they were not ready on the first day of trial.

  • July 15, 2024

    Reed Smith To Keep Just 36% Of NQ Lawyers In September

    Reynolds Porter Chamberlain LLP will retain most of its trainee lawyers in the U.K. when they qualify in the autumn, while Reed Smith said it will keep little more than a third despite recent hikes to salaries for newly qualified lawyers.

  • July 22, 2024

    Mishcon Recruits Tech Disputes Partner From Deloitte

    Mishcon de Reya LLP has hired a tech disputes partner from Deloitte to its London office as it looks to expand its innovation and technology division to stand out from the competition.

  • July 12, 2024

    Clyde & Co.'s Revenue Nears £1B Mark Following 10% Rise

    Clyde & Co. LLP said Friday that its revenue grew by 10% over the past year to hit £845 million ($1.1 billion) following a period of sturdy client demand and the growth of its presence in Europe.

  • July 12, 2024

    Voir Dire: Law360 Pulse's Weekly Quiz

    The legal industry had another action-packed week as attorneys took on new roles and law firms reshaped practices following the holiday. Test your legal news savvy here with Law360 Pulse's weekly quiz.

  • July 19, 2024

    Jenner Hires Finance Disputes Pro From Stephenson Harwood

    Jenner & Block LLP has bolstered its London office with the hire of a financial disputes services specialist who co-headed the litigation practice at Stephenson Harwood LLP.

  • July 12, 2024

    Law Firm Unfairly Fired Solicitor Over Facebook Page

    A law firm unfairly sacked its head of criminal law when it botched a probe into accusations that she was using Facebook to draw clients away from the firm during her resignation period, an employment tribunal has ruled.

  • July 12, 2024

    Lawyer Beats Allegation He Helped Tycoon Duck Asset Freeze

    A leading Monégasque lawyer did not conspire to help an embattled Taiwanese shipping magnate evade an asset freezing order, as he "honestly believed" he was entitled to transfer $26 million from the sale of the businessman's villas, a London judge ruled Friday.

  • July 12, 2024

    UK Litigation Roundup: Here's What You Missed In London

    This past week in London has seen the owner of the Lambretta scooter brand Innocenti SA embroiled in a trademark dispute with a property developer, a clash between two art dealers over a collection of tapestries, Telecom Italia pursue a debt claim against a competing telecommunications company, and performing arts trade union Equity hit a casting directory for charging unfair subscription fees on actors. Here, Law360 looks at these and other new claims in the U.K.

  • July 12, 2024

    Labour Gov't Spells Trouble For Return-To-Office Mandates

    The week-old Labour government could disrupt efforts by law firms to implement return-to-office mandates because expected worker-friendly reforms could drive a demand for a range of flexible options.

  • July 19, 2024

    HSF Hires Eversheds Partner Pair For Paris Office

    Herbert Smith Freehills LLP has recruited two high-ranking lawyers from Eversheds Sutherland in France to boost its capabilities advising clients on intellectual property, information technology and data privacy.

  • July 12, 2024

    Dentons To Face SRA Appeal On AML Misconduct Ruling

    The Solicitors Regulation Authority has appealed against a London tribunal's decision that inadvertent anti-money laundering failures at the U.K. arm of Dentons over a politically exposed client did not amount to professional misconduct.

  • July 12, 2024

    Judicial Diversity Data Finds Small Gains For Ethnic Minorities

    More work needs to be done to accelerate improvements in judicial diversity, lawyers groups have said, as industry statistics reveal that little has changed in representation of ethnic minorities and that solicitors still trail behind barristers in recruitment.

  • July 12, 2024

    Axiom Owes Ex-Staff £37K In Redundancy, Notice Payments

    A tribunal has ruled that Axiom Ince must pay two more former staff a total of at least £36,700 ($47,500) in redundancy and notice payments, with one of the ex-employees also winning compensation for breaches of trade union rules when the firm collapsed.

  • July 11, 2024

    Law Firm Must Pay £4K For Racial Abuse Claim Costs

    A defunct London law firm that represented a forklift driver in his "fictional" racial abuse claim against a printing business must pay £4,000 ($5,166) to repay the legal costs the company racked up fighting the claim.

  • July 11, 2024

    Ex-BP Legal Head Joins HF Sinclair As General Counsel

    HF Sinclair Corp. this week named the former head of legal at BP PLC its new general counsel, about four months after the energy company's most recent top law department leader resigned to pursue another opportunity.

  • July 11, 2024

    NCA Can Seize Money Linked To £55M Tax Scam

    A 13-year money laundering investigation involving a lottery winner, a bomb hoax and a £55 million ($71 million) tax fraud neared its end at a London court on Thursday as a judge ordered funds from three defunct companies to be forfeited to the National Crime Agency.

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